New warning about online fraud

[security curmudgeon <jericho () attrition org>]

http://www.bbc.co.uk/news/technology-18866347

17 July 2012 Last updated at 11:29
Warning about online fraud as information theft rises

A selection of security devices provided by banks Since banks brought in 
"two-factor" authentication, fraud has fallen significantly

Fraudsters traded 12 million pieces of personal information online between 
January and April this year, according to research.

The figure represents a threefold increase on 2010.

Credit-checking company Experian, which produced the figures, said the 
increase was partly due to consumers having a growing number of online 
accounts.

Consumers now have an average of 26 separate online logins but just five 
different passwords.

Experian said many people were unaware their identity had been stolen 
until they were refused credit cards or mobile phone contracts.

[..]
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